Cargo traffic at major ports rises 5% in April-September

Cargo traffic at major ports rises 5% in April-September

ajor ports in the country witnessed 5.12 percent rise in cargo traffic to 343.26 million tonne (MT) in the April-September period of the ongoing financial year. “The major ports in India have recorded a growth of 5.12 percent and together...
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Ethnicity pay gap: Firms may be forced to reveal figures

Ethnicity pay gap: Firms may be forced to reveal figures

Image copyright Getty Images Companies may be forced to reveal their ethnicity pay gap under plans unveiled by the prime minister to help minorities at work. Theresa May has launched a consultation on whether mandatory reporting will help address disparities.....
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Garden Reach Shipbuilders & Engineers shares make weak debut; slump over 13% to Rs 102.50 from issue price of Rs 118

Garden Reach Shipbuilders & Engineers shares make weak debut; slump over 13% to Rs 102.50 from issue price of Rs 118

New Delhi: Shares of Garden Reach Shipbuilders & Engineers made a weak debut at the bourses Wednesday, plunging over 13 percent from the issue price of Rs 118 per share. The stock listed at Rs 104, falling 11.86 percent from...
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Hot summer gives boost to UK economy

Hot summer gives boost to UK economy

Image copyright Getty Images The UK economy grew by 0.7% in the three months to August, buoyed by the hot summer, the Office for National Statistics said. But the ONS said that in August, GDP growth was flat. Economists had...
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100% audit possible if all financial transactions happen on IT platform: CAG

100% audit possible if all financial transactions happen on IT platform: CAG

CAG Rajiv Mehrishi on Wednesday said the official auditor will be able to conduct 100 per cent audit of expenditures incurred and revenues earned by the government provided all the transactions are conducted on IT platform. Emphasising on the need...
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Patisserie Valerie warns of potential fraud

Patisserie Valerie warns of potential fraud

Image copyright Getty Images Shares in Patisserie Valerie have been suspended after the cafe chain discovered “significant, potentially fraudulent, accounting irregularities”. The company said these could cause a “potential material” mi...
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IMF projects 7.3% GDP for India: Amid the China-beating growth talk, are we missing the crisis signals?

IMF projects 7.3% GDP for India: Amid the China-beating growth talk, are we missing the crisis signals?

India will remain largely unscathed from the self-inflicted shock of demonetisation and the impact of Goods and Services Tax (GST) rollout this year and next year could be even better, said IMF in its latest World Economic Growth outlook, pegging...
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Virgin Galactic to reach space in ‘weeks not months’

Virgin Galactic to reach space in ‘weeks not months’

Image copyright Rob Kim Entrepreneur Sir Richard Branson has said that Virgin Galactic is “weeks” away from its first trip into space. “We should be in space within weeks, not months. And then we will be in space with myself...
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US keen to invest in India#39;s infra, port, solar sector development: OPIC

US keen to invest in India#39;s infra, port, solar sector development: OPIC

The US government’s development finance institution OPIC is keen to invest in the development of India’s infrastructure, port and solar energy sectors, a top US official said on Tuesday. Overseas Private Investment Corporation (OPIC) Executive Vice...
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Aviva chief executive Mark Wilson in surprise departure

Aviva chief executive Mark Wilson in surprise departure

Image copyright Handout Aviva has announced the surprise departure of chief executive Mark Wilson, saying it was “time for new leadership to take the group to the next phase of its development”. Mr Wilson was appointed in January 2013 and...
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